Question: Return to question 2 of 3 Required information Problem 8.70 (LO 8-4) (Algo) (The following information applies to the questions displayed below) Trey has two

 Return to question 2 of 3 Required information Problem 8.70 (LO
8-4) (Algo) (The following information applies to the questions displayed below) Trey

Return to question 2 of 3 Required information Problem 8.70 (LO 8-4) (Algo) (The following information applies to the questions displayed below) Trey has two dependents, his daughters, ages 14 and 18, at year-end, Trey files a joint return with his wife. What amount of child tax credit (either as a child or a qualifying dependent) will Trey be able to claim in 2021 for his daughters under each of the following alternative situations? Use Exhibit 8 8. Problem 8-70 Part-b (Algo) b. His AGI is $424,000 Answer is complete but not entirely correct. Amount of child tax credit $ 3.500 X Required information Problem 8-70 (LO 8-4) (Algo) [The following information applies to the questions displayed below.) Trey has two dependents, his daughters, ages 14 and 18, at year-end, Trey files a joint return with his wife. What amount of child tax credit (either as a child or a qualifying dependent) will Trey be able to claim in 2021 for his daughters under each of the following alternative situations? Use Exhibit 8-8. Problem 8-70 Part-c (Algo) c. His AGI is $430,800, and his daughters are ages 10 and 12. Amount of child tax credit

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